England and Scotland both produce scones and sweaters. Suppose that an English worker can produce 50 scones per hour or 1 sweater per hour. Suppose that a Scottish worker can produce 40 scones per hour or 2 sweaters per hour. What is an English worker's opportunity cost for 1 sweater?

Q: The table below shows the production schedule of Cookies and Pizza in the country of Greatstown:…

A: Opportunity cost  of Pizza  = Sacrificing production of Cookies / Gain in production of Pizza…

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A: Answer - Given in the question -

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A: Trade means the exchange of goods and services.

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A: Opportunity cost of producing a good is a decrease in production of other good needed.

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A: Option (D).

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A:

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A: Hi! thanks for the question but as per the guidelines, we can answer only one question at one time.…

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